People, not least on CUK, are always complaining about or lauding the effects of immigration on the UK but what does it do for the countries involved? It may on fact be pretty negative.
Check this study on the effect of remittances on Romania.
Romania is not an exception in this, you will find plenty of properly researched evidence on foreign aid which similarly shows that money from abroad often has little or no positive effects on sustainable economic growth in the recipient nations.
Perhaps more importantly, If talented and hardworking people are always going to choose to go abroad rather than stay and increase the prosperity of their own nations by starting businesses or otherwise contributing to their own economies, how will those economies ever grow?
That is not to say that richer nations should not help poorer nations to develop but rather that we need investment in their economies that will encourage proper long term growth in the nations concerned, and which will benefit ourselves in the long term. No one country, unless it's the size of the US, can produce all of the goods and provide all of the services it needs, and it would make sense to cooperate with other countries, both within and outside the EU, and encourage each to do those things they are good at.
Simply allowing and encouraging mass migration may be the last thing that poorer nations need.
Check this study on the effect of remittances on Romania.
Remittances promote consumption and undermine the local economy
In a nutshell, although remittances have had some positive impact on Romania’s macroeconomic development, capital accumulation hasn’t been put to any productive use (like opening up businesses or longer term investment), but has rather been diverted to seemingly mindless consumption, including unnecessary housing updates and purchases of durable goods.
In a nutshell, although remittances have had some positive impact on Romania’s macroeconomic development, capital accumulation hasn’t been put to any productive use (like opening up businesses or longer term investment), but has rather been diverted to seemingly mindless consumption, including unnecessary housing updates and purchases of durable goods.
Perhaps more importantly, If talented and hardworking people are always going to choose to go abroad rather than stay and increase the prosperity of their own nations by starting businesses or otherwise contributing to their own economies, how will those economies ever grow?
That is not to say that richer nations should not help poorer nations to develop but rather that we need investment in their economies that will encourage proper long term growth in the nations concerned, and which will benefit ourselves in the long term. No one country, unless it's the size of the US, can produce all of the goods and provide all of the services it needs, and it would make sense to cooperate with other countries, both within and outside the EU, and encourage each to do those things they are good at.
Simply allowing and encouraging mass migration may be the last thing that poorer nations need.
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